James Halstead Share Discussion Threads

[wad collector] 01/2/2017 10:33

I agree it seems a bit toppy to me ; sold at 506 and expect will buy back again soon . A good long term hold but is up 40% on the summer's lows.

[gripfit] 31/1/2017 09:55

yep,,,,, but a mkt cap of a billion ??????is it going to run out of steam ?

[saint or sinner?] 30/1/2017 16:05

Still looking every bit a winner.

Pre Close Trading Statement

James Halstead plc, the commercial flooring manufacturer and distributor, is providing the following trading update ahead of its interim results for the half-year to 31 December 2016.

In his AGM trading update, on 2 December 2016, Mr. Geoffrey Halstead noted that trading to date had been challenging and making progress against the comparative half-year would be difficult. In addition, the Chairman commented on raw material shortages and price increases following supply chain problems.

Turnover has increased by some 3-4%, boosted by a confident December and profit is in line with expectations. The raw material issues have ameliorated to a degree and major retailer contracts continue with customers such as Vodafone, Co-op Retail, Specsavers and Premier Inn.

Confidence in the full year is unchanged and remains positive.

[wad collector] 22/12/2016 16:25

Seems to be turning into a trading share ; even the spread has narrowed to 5p.

[bda3490] 16/12/2016 10:31

Karndean flooring !!!!!!!
Why not James Halstead flooring ?
Karndean is a JHD brand in Germany but not in the UK.

Camaro or Cavalio oe Expona.

AGM venue was very good - no goujons just good grub and freeby stuff
I grabbed a dozen pens, a couple of DVDs and other stuff.

[wad collector] 12/12/2016 16:37

Money , is after all , for spending...
Enjoy it. And buy more JHD flooring ; have you thought about it for your garage?

[lundhousegreen] 10/12/2016 11:12

Invested all my life for my retirement, which is now! :))
I'm now spending & helping the UK economy grow.
e.g., Karndean flooring now in my kitchen & bathroom. ; )
Enjoying breaks away in the UK, to places I've not been before.
etc., etc. :))

[trigger blade] 08/12/2016 09:51

I assume the move to the Oldham Events Arena (I didn't realise they had events in Oldham) was something to do with it being close to the offices and warehouse.

Anyway, even I drew the line at that trek for a free buffet, so I can't pass judgement on the goujons or cheeseboard :-)

[wad collector] 08/12/2016 08:42

Spending the dividends? Surely you realise that money is solely for investment purposes?

[lundhousegreen] 08/12/2016 07:08

Might even go to an AGM again if JHD stop the Tour de Lancashire and have their meetings at a regular venue. Where next year? Somewhere with easy transport links hopefully.

[lundhousegreen] 08/12/2016 07:08

Hi guys. Still around, just spending more time enjoying retirement, and spending the dividends!! ;-)

[wad collector] 07/12/2016 17:52

No, but he was an infrequent poster.

[zeppo] 07/12/2016 14:56

Is lundhousegreen still out there?

Not seen a post from lundhousegreen for a long time.

z

[wad collector] 06/12/2016 13:49

Just managed to buy them back cheaper at 446. Looking for more if the price drops again.

[gripfit] 02/12/2016 11:01

what does it say jambo ??

[gripfit] 02/12/2016 10:12

funny how the mkt knew yesterday , when the price suddenly dropped.

[kalkulacka] 02/12/2016 09:03

The AGM statement ends quite positive:

"Our cash balances have grown and continue to be solid underpinning the 8.5p dividend to be proposed today - an increase of 8.2% on that of last year and continuing our long history of dividend growth. I remain confident in the prospects of the Company going forward."

[rjd1233] 02/12/2016 08:08

Bit of an over reaction? Down 13%

[elmfield] 28/11/2016 17:15

Maybe but very nice long term hold in an ISA.
Those holders will hold on tight.

[gripfit] 28/11/2016 16:33

its mkt cap will soon be looking lofty though,